Nutrien Ltd (NTR) Stock AnalysisNTRNutrien Ltd

Nutrien Ltd. is a global provider of crop inputs and services. The Company operates a network of production, distribution and ag retail facilities. The Company’s segments include Nutrien Ag Solutions (Retail), Potash, Nitrogen and Phosphate. Its downstream Retail segment distributes crop nutrients, crop protection products, seed and merchandise, and provides agronomic application services and solutions, including the services offered through Nutrien Financial. The Retail segment also manufactures and distributes proprietary products and provides services directly to farmers through a network of retail locations in North America, South America and Australia. Its upstream Potash, Nitrogen and Phosphate segments are differentiated by the chemical nutrient contained in the products that each segment produces and are supported by midstream activities, which include the global sales, freight, transportation and distribution of its products. It operates in the Basic Materials sector.

Nutrien Ltd is a good buy right now due to its current price of $71.26, which is above the 200-day simple moving average of $70.709, indicating a bullish trend. The RSI is at 60.851, suggesting that the stock is not overbought yet, allowing for potential upside. Additionally, the gross margin for the latest quarter is 30.07%, reflecting healthy profitability. However, the main risk is the hedge fund selling activity, which has increased by 116.85% over the last quarter, indicating potential downward pressure on the stock.

12 analysts cover NTR: 7 rate it Buy, 5 Hold and 0 Sell. The average price target is 66.08.